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200206344 <br />'TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. I'or this purpose, Borrower irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property located in the <br />COUNTY of HALL <br />(Type of RecoNing Jurlstlltlionl onare of Recording Jurlstllclionl <br />LOT ONE HUNDRED FORTY -NINE (149) AND THE NORTH SIXTEEN (16.0) FEET OF LOT ONE HUNDRED <br />FORTY -EIGHT (148), IN BE LMONT ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />which currently has the address of 2407 WEST 5TH STREET <br />Srai <br />GRAND ISLAND , Nebraska 68803 ( "Property Address "): <br />(curl Ripcoeel <br />TOGEI'IIER WITH all the improvements now or hereafter erected no the property, and all casements, <br />appurtenances, and fixtures now or hereafter a putt of the property. All replacements and additions Shall also <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property " <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the title to the Property against all claims and demands, <br />subject to any encumbrances ofrecord. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non- uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real <br />property. <br />NEBfUUI - Single Family - Fannin Maou'raddie Mac UNIFORM INSTRUMENT <br />Form 30381/01 0, ' <br />Laser Forme Inc, (SX1 W 3555 - 1) <br />LFIBFNA9aRa M LOf Page of 13 Initialsl L l <br />